ESBE INTERNATIONAL
ActiveSummary
ESBE INTERNATIONAL has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.03M and a net result of €777k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 91% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-2
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €450k at 30 days acceptable
Liquidity ample (current ratio 8.79 against 7.13 in 2024; short-term debt: 11.2% and cash: 68.4% of total assets), and 12.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.5%
Return on assets
13.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
18 d late
2023
58 d late
2022
19 d late
2021
on the day
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€777k▼ 27.2%
2024 · €1.07M
2019: €909k
2020: €650k▼ -28.5% vs 2019
2021: €1.25M▲ +92.4% vs 2020
2022: €1.61M▲ +28.5% vs 2021highest in 7 years
2023: €536k▼ -66.6% vs 2022lowest in 7 years
2024: €1.07M▲ +99.2% vs 2023
2025: €777k▼ -27.2% vs 2024
2019 → 2025
Working capital
€5.01M▼ 12.5%
2024 · €5.72M
2019: €6.31M
2020: €6.07M▼ -3.7% vs 2019
2021: €6.49M▲ +6.8% vs 2020highest in 7 years
2022: €6.49M▼ -0.1% vs 2021
2023: €6.19M▼ -4.5% vs 2022
2024: €5.72M▼ -7.5% vs 2023
2025: €5.01M▼ -12.5% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.04M-€6.47M▲ 7.1%€5.81M▼ 10.2%€5.69M▼ 2.1%€5.03M▼ 11.7%
2021: €6.04M
2022: €6.47M▲ +7.1% vs 2021highest in 5 years
2023: €5.81M▼ -10.2% vs 2022
2024: €5.69M▼ -2.1% vs 2023
2025: €5.03M▼ -11.7% vs 2024lowest in 5 years
Operating result€1.74M-€2.21M▲ 27.0%€783k▼ 64.5%€1.55M▲ 98.4%€1.02M▼ 34.5%
2021: €1.74M
2022: €2.21M▲ +27.0% vs 2021highest in 5 years
2023: €783k▼ -64.5% vs 2022lowest in 5 years
2024: €1.55M▲ +98.4% vs 2023
2025: €1.02M▼ -34.5% vs 2024
Net result€1.25M-€1.61M▲ 28.5%€536k▼ 66.6%€1.07M▲ 99.2%€777k▼ 27.2%
2021: €1.25M
2022: €1.61M▲ +28.5% vs 2021highest in 5 years
2023: €536k▼ -66.6% vs 2022lowest in 5 years
2024: €1.07M▲ +99.2% vs 2023
2025: €777k▼ -27.2% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.74M
Fixed assets
€88k ▼ 29.1%
Current assets
€5.65M ▼ 15.1%
Equity and liabilities €5.74M
Equity
€5.03M ▼ 11.7%
Debt
€716k ▼ 34.2%
Debt's share of the balance-sheet total falls from 16.1% to 12.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.06M▼
2024 · €1.57M
Cash flow
€818k▼
2024 · €1.09M
Current ratio
8.79▲
2024 · 7.13
Debt to equity
0.14▼
2024 · 0.19
ROE
15.5%▼
2024 · 18.7%
ROA
13.5%▼
2024 · 15.7%
Interest coverage
45.15▼
2024 · 83.85
Debt ≤ 1 year
€643k▼
2024 · €935k
Debt > 1 year
€27k▼
2024 · €114k
Income taxes
€226k▼
2024 · €468k
Staff costs
€582k▲
2024 · €491k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.78M€5.74M▼
Fixed assets21/28€124k€88k▼
Tangible fixed assets22/27€124k€88k▼
Land and buildings22€40k€32k▼
Plant, machinery and equipment23€723€1k▲
Furniture and vehicles24€83k€55k▼
Current assets29/58€6.66M€5.65M▼
Amounts receivable within one year40/41€5.87M€1.62M▼
Trade receivables40€5.87M€1.30M▼
Other amounts receivable41€2k€318k▲
Cash at bank and in hand54/58€384k€3.93M▲
Deferred charges and accrued income490/1€403k€114k▼
Equity and liabilities
Total equity and liabilities10/49€6.78M€5.74M▼
Equity10/15€5.69M€5.03M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€545k€545k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€170k€170k=
Distributable reserves133€369k€369k=
Profit (loss) carried forward14€5.09M€4.42M▼
Amounts payable17/49€1.09M€716k▼
Amounts payable after more than one year17€114k€27k▼
Financial debts170/4€40k€27k▼
Other amounts payable178/9€74k€0▼
Amounts payable within one year42/48€935k€643k▼
Trade debts44€637k€0▼
Suppliers440/4€637k€0▼
Taxes, remuneration and social security45€74k€214k▲
Taxes450/3€3k€132k▲
Remuneration and social security454/9€71k€81k▲
Other amounts payable47/48€224k€429k▲
Accrued charges and deferred income492/3€40k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€491k€582k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€41k▲
Other operating charges640/8€11k€1k▼
Gross operating margin9900€2.08M€1.64M▼
Operating profit (loss)9901€1.55M€1.02M▼
Financial income75/76B€904€9k▲
Recurring financial income75€904€9k▲
Financial charges65/66B€19k€23k▲
Recurring financial charges65€19k€23k▲
Profit (loss) for the period before taxes9903€1.53M€1.00M▼
Income taxes67/77€468k€226k▼
Profit (loss) for the period9904€1.07M€777k▼
Transfer from tax-exempt reserves789€155k€0▼
Transfer to tax-exempt reserves689€147k€0▼
Profit (loss) for the period to be appropriated9905€1.07M€777k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.43M€5.89M▼
Profit (loss) brought forward from the previous period14P€5.35M€5.11M▼
Transfer to equity691/2€155k€0▼
To other reserves6921€155k€0▼
Profit to be distributed694/7€1.19M€1.47M▲
Return on contributions (dividend)694€1.14M€1.43M▲
Employees696€44k€44k▲
Social balance
Average headcount (FTE)90875.65.4▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €416k | €645k | €491k | €582k | ▲ 18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €24k | €55k | €22k | €41k | ▲ 86.3% |
| Other operating charges640/8 | - | €4k | €12k | €11k | €1k | ▼ 87.4% |
| Gross operating margin9900 | €2.16M | €2.65M | €1.49M | €2.08M | €1.64M | ▼ 21.0% |
| Operating profit (loss)9901 | €1.74M | €2.21M | €783k | €1.55M | €1.02M | ▼ 34.5% |
| Financial income75/76B | - | €189 | €782 | €904 | €9k | ▲ 863% |
| Recurring financial income75 | €73 | €189 | €782 | €904 | €9k | ▲ 863% |
| Financial charges65/66B | - | €32k | €22k | €19k | €23k | ▲ 24.8% |
| Recurring financial charges65 | €34k | €32k | €22k | €19k | €23k | ▲ 24.8% |
| Profit (loss) for the period before taxes9903 | €1.70M | €2.18M | €761k | €1.53M | €1.00M | ▼ 34.7% |
| Income taxes67/77 | €455k | €571k | €226k | €468k | €226k | ▼ 51.7% |
| Profit (loss) for the period9904 | €1.25M | €1.61M | €536k | €1.07M | €777k | ▼ 27.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €155k | €0 | ▼ 100% |
| Transfer to tax-exempt reserves689 | - | - | - | €147k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €1.09M | €1.61M | €536k | €1.07M | €777k | ▼ 27.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.66M | €7.04M | €6.71M | €6.78M | €5.74M | ▼ 15.4% |
| Fixed assets21/28 | €42k | €61k | €66k | €124k | €88k | ▼ 29.1% |
| Tangible fixed assets22/27 | €42k | €61k | €66k | €124k | €88k | ▼ 29.1% |
| Land and buildings22 | - | €5k | €244 | €40k | €32k | ▼ 20.4% |
| Plant, machinery and equipment23 | - | €7k | €3k | €723 | €1k | ▲ 94.3% |
| Furniture and vehicles24 | - | €49k | €63k | €83k | €55k | ▼ 34.4% |
| Current assets29/58 | €6.62M | €6.98M | €6.64M | €6.66M | €5.65M | ▼ 15.1% |
| Stocks and contracts in progress3 | - | €8k | - | - | - | - |
| Stocks30/36 | - | €8k | - | - | - | - |
| Amounts receivable within one year40/41 | €4.38M | €3.97M | €3.54M | €5.87M | €1.62M | ▼ 72.5% |
| Trade receivables40 | - | €3.97M | €3.50M | €5.87M | €1.30M | ▼ 77.9% |
| Other amounts receivable41 | - | - | €45k | €2k | €318k | ▲ 15,779% |
| Cash at bank and in hand54/58 | €2.24M | €2.93M | €2.87M | €384k | €3.93M | ▲ 921% |
| Deferred charges and accrued income490/1 | - | €67k | €229k | €403k | €114k | ▼ 71.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.66M | €7.04M | €6.71M | €6.78M | €5.74M | ▼ 15.4% |
| Equity10/15 | €6.04M | €6.47M | €5.81M | €5.69M | €5.03M | ▼ 11.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €398k | €398k | €398k | €545k | €545k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | - | €178k | €178k | €170k | €170k | = |
| Distributable reserves133 | - | €214k | €214k | €369k | €369k | = |
| Profit (loss) carried forward14 | €5.58M | €6.01M | €5.35M | €5.09M | €4.42M | ▼ 13.1% |
| Amounts payable17/49 | €624k | €567k | €892k | €1.09M | €716k | ▼ 34.2% |
| Amounts payable after more than one year17 | €474k | €74k | €74k | €114k | €27k | ▼ 76.7% |
| Financial debts170/4 | - | - | - | €40k | €27k | ▼ 33.9% |
| Other amounts payable178/9 | - | €74k | €74k | €74k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €132k | €493k | €448k | €935k | €643k | ▼ 31.2% |
| Trade debts44 | - | €342k | €317k | €637k | €0 | ▼ 100% |
| Suppliers440/4 | - | €342k | €317k | €637k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €121k | €108k | €74k | €214k | ▲ 189% |
| Taxes450/3 | - | €56k | €21k | €3k | €132k | ▲ 4,897% |
| Remuneration and social security454/9 | - | €65k | €87k | €71k | €81k | ▲ 13.9% |
| Other amounts payable47/48 | - | €30k | €22k | €224k | €429k | ▲ 92.0% |
| Accrued charges and deferred income492/3 | - | - | €370k | €40k | €46k | ▲ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.25M | €1.61M | €536k | €1.07M | €777k | ▼ 27.2% |
| + Depreciation and write-downs630 | €20k | €24k | €55k | €22k | €41k | ▲ 86.3% |
| Operating cash flow (approximation) | €1.27M | €1.63M | €590k | €1.09M | €818k | ▼ 24.9% |
| Investment in fixed assets (approximation) | - | €-42k | €-60k | €-80k | €-5k | ▲ 94.1% |
| Change in cash | - | €691k | €-63k | €-2.48M | €3.54M | ▲ 243% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 18 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
31-12
Financial
Weakest financial yearnet €536k ▼66.6%
Net result drops to €536k, the lowest in the series; recovery starts the following year.
19-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 19 days late
2022
30-06
Financial
Highest result since 2019net €1.61M ▲28.5%
Operating result €2.21M, net result €1.61M, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1989
Ground area
286 m²
Building footprint
224 m²
Volume, LiDAR
1,817 m³
Parcel 21612C0001/00M039, Brussels · tallest building 16.9 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Molièrelaan 329, 1180 Ukkel
since 19892.044.692.197
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0001/00M039 | Brussels | 286 m² | 1 · 224 m² | 16.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
984500BCA7E1F594KA17
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Of 94 companies in sector 46424 we hold annual accounts for 44. 9 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-06-1989
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
46424Wholesale trade
Scores and ratios are computed by Checked and are not a credit decision.